SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Swim and Multisport Watch - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 7; Released: April 2021
Executive Pool: 1149
Companies: 41 - Players covered include Apple, Inc.; Casio Computer Co., Ltd.; Fitbit, Inc.; Garmin Ltd.; Guangzhou Pasnew Industrial; Guangzhou SKMEI Watch Co., Ltd.; Moov, Inc.; Soleus Running; Suunto; Swimmo Inc.; Swimovate Ltd; Timex Group USA, Inc.; TomTom International BV and Others.
Coverage: All major geographies and key segments
Segments: Product Type (Multisport Watch, Swim Watch); Sales Channel (Offline, Online)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Swim and Multisport Watch Market to Reach $126.8 Million by 2026
Amid the COVID-19 crisis, the global market for Swim and Multisport Watch estimated at US$97.1 Million in the year 2020, is projected to reach a revised size of US$126.8 Million by 2026, growing at a CAGR of 4.4% over the analysis period. Offline, one of the segments analyzed in the report, is projected to record a 4% CAGR and reach US$95.7 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Online segment is readjusted to a revised 5.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $30.4 Million in 2021, While China is Forecast to Reach $22.5 Million by 2026
The Swim and Multisport Watch market in the U.S. is estimated at US$30.4 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$22.5 Million by the year 2026 trailing a CAGR of 4.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 3.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.